Lucier Wealth Management of Raymond James Ltd.

07/09/2024

When was the last time you thought about your life insurance plan?

This article showcases some of the amazing benefits available within permanent insurance policies.

Click the link and give it a read.

raymondjames.ca

12/18/2023

It's wild to me how many affluent Canadians define themselves as middle-class!

What's your definition of middle class?

Lastly, what do you think about the idea of standardizing the terminology so we might all get on the same page about what it means?

www.thestar.com

12/13/2023

The federal government announced details regarding eligibility and coverage under the new Canadian Dental Care Plan (CDCP) yesterday.

If you missed it, here's a link to the CBC news article highlighting what you might want to know.

www.cbc.ca

12/12/2023

You may not have given your 2023 tax situation much thought until now. However, with less than a month left in the year, there might be a few tactics you could implement before year's end to save yourself some money.

By clicking on the link below, you can download our 2023 year-end tax planning opportunities guide to kick-start your thinking and planning.

If you have any questions or want help implementing or clarifying any of these tactics, DM me, and I or someone from my team will get back to you ASAP.

https://www.raymondjamesconnect.com/aCxGGG

12/01/2023

Have you heard about the new First Home Savings Account (FHSA) that was part of Bill C-32 that received royal asset in December of last year?

Raymond James rolled out our FHSAs this summer and this webinar is a great opportunity for you to learn more about how you might use this account to save for your first home or help a loved one do the same.

Also, share this invitation with anyone you think might be interested in learning more about this amazing new account.

https://www.raymondjamesconnect.com/arT3m9

11/14/2023

Are you a business owner who wants a little more insight on the nuances of income tax planning through your corporation? Give this great post a read.

If you are interested in inquiring about answers to common questions such as

1. How much should I take out of my corporation as income?

2. How should I take that income (salary or dividends)?

3. How might I invest money I leave in the corporation?

4. Is it better for me to invest money personally or within my corporation?

Send me a direct message through this social platform and we can set up a discussion.

www.investmentexecutive.com

11/08/2023

If you're invested in TFSAs, RRSPs, LIRAs, FHSAs or other registered assets in Canada. You need to read this.

I think imposing limits on foreign property held in our registered accounts is poor policy.

My main argument is that the Canadian equity markets represents roughly 3.5% of the global stock market capitalization. If you limit foreign ownership within these plans you basically limit our equity market exposure to 3.5% of all the equity options available. How can that be prudent stewardship for Canadian savers and investors? It doesn't compute for me.

Instead of going on a further rant, tell me what you think by leaving a comment in the comments section below.

financialpost.com

10/23/2023

Are you familiar with retirement income splitting?
Specifically, what it means, how to do it and the top income splitting options available to you?

If you want to educate yourself on these topics, you'll want to give this article a read.

www.sunlifeglobalinvestments.com

09/28/2023

Yesterday I posted an article explaining the concept of paying yourself first.

Let's say you decide to follow that strategy.

You will likely starting thinking to yourself, where might I put that money?

Often my suggestion would be into an RRSP.

Why?

The RRSP has the advantage of reducing your current tax liability (current tax savings), the ability to compound money without taxes being due (tax deferral) and the ability to flexibly withdraw funds in retirement (tax smoothing).

These three advantages can put you on the fast track to wealth accumulation. If you are interested in speeding up the amount of wealth you and your family control, I'd strongly encourage you to learn more about the RRSP and how it might assist you in your wealth building endeavor.

https://www.raymondjamesconnect.com/att1QD

09/27/2023

Do you ever get to the end of the month and wonder where all your money went? Why there isn't any cash left over to save?

I've been there.

The biggest shift happened when I implemented the pay-yourself-first system. I've linked to an article that talks about what it is and how you might implement it.

If you have any questions about how you can implement this strategy into your own financial system shoot me a message. I'd be happy to help where I can.

fortune.com